This brick home in the heart of Charlottesville features side-by-side 2 bedroom one bathroom homes. Each unit features hardwood floors throughout. Living room, dining room and kitchen on the main level with two bedrooms and full bath upstairs. Enjoy the outdoors on the screened porch each unit. Laundry room and lots of storage in the unfinished basement. Accessed from inside the home. Income producing rental could also be converted back to single family home. Each unit rents for $1400/mo. Lease ends 8/1 for Unit B and 9/1 for Unit A.
Closed
$532,000
1040 Locust Ave, Charlottesville, VA 22901
4beds
1,950sqft
Duplex, Multi Family, Single Family Residence
Built in 1963
-- sqft lot
$604,500 Zestimate®
$273/sqft
$3,284 Estimated rent
Home value
$604,500
$574,000 - $641,000
$3,284/mo
Zestimate® history
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Brick homeScreened porchLaundry room
Zillow last checked:
Listing updated:
Listed by:
DENISE RAMEY TEAM 434-960-4333,
LONG & FOSTER - CHARLOTTESVILLE WEST
Bought with:
MICHAEL WOOLARD, 0225226278
RE/MAX REALTY SPECIALISTS-CROZET
Source: CAAR,MLS#: 651388
Originating MLS: Charlottesville Area Association of Realtors
Originating MLS: Charlottesville Area Association of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bathroom, Bedroom, Dining Room, Full Bath, Kitchen, Laundry, Living Room
Bedroom
- Level: Second
Bathroom
- Level: Second
Dining room
- Level: First
Kitchen
- Level: First
Laundry
- Level: Basement
Living room
- Level: First
Heating
- Baseboard
Cooling
- Window Unit(s)
Appliances
- Included: Electric Range, Refrigerator, Dryer
- Laundry: Washer Hookup, Dryer Hookup
Features
- Flooring: Hardwood
- Basement: Interior Entry,Unfinished
Interior area
- Total structure area: 2,925
- Total interior livable area: 1,950 sqft
- Finished area above ground: 1,950
- Finished area below ground: 0
Property
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch, Screened
- Exterior features: Porch
Lot
- Size: 6,969 Square Feet
Details
- Parcel number: 490001100
- Zoning description: R-3 Multifamily Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family, Single Family Residence
Materials
- Brick, Stick Built
- Foundation: Block
- Roof: Architectural
Condition
- New construction: No
- Year built: 1963
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, High Speed Internet Available
Community & HOA
Community
- Security: Surveillance System
- Subdivision: LOCUST GROVE
HOA
- Has HOA: No
Location
- Region: Charlottesville
Financial & listing details
- Price per square foot: $273/sqft
- Tax assessed value: $601,100
- Annual tax amount: $5,669
- Date on market: 4/5/2024
- Cumulative days on market: 14 days
- Exclusions: Washing Machine in unit A.
Price history
| Date | Event | Price |
|---|---|---|
| 6/6/2024 | Sold | $532,000-7.5%$273/sqft |
Source:  CAAR #651388 Report a problem | ||
| 4/19/2024 | Pending sale | $575,000$295/sqft |
Source: CAAR #651388 Report a problem | ||
| 4/5/2024 | Listed for sale | $575,000+76.9%$295/sqft |
Source: CAAR #651388 Report a problem | ||
| 9/18/2015 | Listing removed | $325,000$167/sqft |
Source: Roy Wheeler Realty Co. #529188 Report a problem | ||
| 3/12/2015 | Listed for sale | $325,000+664.7%$167/sqft |
Source: Roy Wheeler Realty Company #529188 Report a problem | ||
| 11/15/1995 | Sold | $42,500$22/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,948 +1.8% | $601,100 +1.8% |
| 2024 | $5,845 +11.4% | $590,600 +9.3% |
| 2023 | $5,246 +132.1% | $540,500 +14.8% |
| 2022 | $2,261 -41.7% | $471,000 +15.4% |
| 2021 | $3,876 | $408,000 +3.3% |
| 2020 | -- | $395,000 +4.6% |
| 2019 | $3,587 +14.4% | $377,600 +16.5% |
| 2018 | $3,136 | $324,000 +16.2% |
| 2017 | -- | $278,900 +5% |
| 2016 | $2,651 | $265,500 |
| 2015 | $2,651 | $265,500 |
| 2014 | $2,651 | $265,500 -4.8% |
| 2013 | $2,651 | $279,000 |
| 2012 | $2,651 | -- |
| 2011 | $2,651 | -- |
| 2010 | -- | -- |
| 2009 | $2,817 | -- |
| 2008 | -- | $296,500 +18.6% |
| 2007 | -- | $249,900 +2.5% |
| 2006 | -- | $243,700 +23.7% |
| 2005 | -- | $197,000 +13.9% |
| 2004 | -- | $172,900 |
Find assessor info on the county website
Neighborhood: Locust Grove
Nearby homes
- $347,6002 bd2 ba1.4k sqft1040 Locust Ave UNIT B, Charlottesville, VA 22901Off Market
- $298,8002 bd1 ba975 sqft1040 Locust Ave #A, Charlottesville, VA 22901Off Market
- $532,0004 bd2 ba1.9k sqft1038 Locust Ave, Charlottesville, VA 22901Sold
- $317,8002 bd2 ba1.2k sqft1038 Locust Ave #A, Charlottesville, VA 22901Off Market
- $961,9004 bd3 ba2.7k sqft1100 Locust Ave, Charlottesville, VA 22901Off Market
- $317,8002 bd2 ba1.2k sqft1038 Locust Ave #B, Charlottesville, VA 22901Off Market
- $407,1004 bd1 ba1.2k sqft1039 Martin St, Charlottesville, VA 22901Off Market
- $850,0004 bd3 ba2.8k sqft1036 Locust Ave, Charlottesville, VA 22901For Sale
Nearby schools
GreatSchools rating
- 8/10Burnley-Moran Elementary SchoolGrades: PK-4Distance: 0.5 mi
- 3/10Buford Middle SchoolGrades: 7-8Distance: 2.3 mi
- 4/10Charlottesville High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Burnley-Moran
- Middle: Walker & Buford
- High: Charlottesville
Source: CAAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Virginia
- Charlottesville City
- Charlottesville
- 22901
- Locust Grove
- 1040 Locust Ave
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